I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Les Maisons Bleues, Umaria II
Les Maisons Bleues, Umaria II | Sramana Mitra, 2020 | Watercolor, Pastel, Brush Pen | 6 x 9, On Paper
Greg Robertson: We left our jobs and rented some cubicles at the architect’s office. After all, he didn’t have architects working because nobody was doing anything in real estate. One of the premises was that we threw away our PC and we both bought Macbooks.
We were very inspired by a group in Chicago called 37signals which is now called Basecamp. There is this whole vision of Web 2.0 of using Rails and making these simple online apps. We thought that was perfect for real estate.>>>
In case you missed it, you can listen to the recording here:
Fascinating story of MediaAlpha, beautifully told by Co-founder CEO Steve Yi, relates how the team has navigated through various experiments to over $100 million in revenue.
Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Steve Yi: I was born in Seoul, Korea. When I was seven, my family immigrated to Minneapolis, which is where I consider myself to have grown up. I went to high school in a small town. I went to Harvard College and majored in East Asian Studies. I had no idea what I wanted to do afterwards. I gravitated towards professional services. I worked at a company called Mercer Management Consulting, which is my first introduction to the business world. I opened my first spreadsheet working in management consulting.
Greg Robertson: Dan and I stayed there for a couple years, but it was brutal. We then got a call from a friend of ours who was restarting a company that he had sold again to another company. They had given it back because they got caught up in shenanigans. He was restarting that company. It was called E-neighborhoods. He wanted to approach Dan and me about joining him in restarting it. He was going to give us a piece of the equity back. The only problem was it was in Florida. It was in Boca Raton, Florida and we’re here in Southern California. We like it here and our families are here.>>>
Entrepreneurs are invited to the 497th FREE online 1Mby1M mentoring roundtable on Thursday, August 6, 2020, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST.
If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
You can learn more here and register to pitch or attend here. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!
Earlier this week, ServiceNow reported its quarterly results that surpassed market expectations. Despite the COVID-19 crisis, it crossed a milestone of $4 billion ARR for subscriptions in the quarter. And, it shows no signs of slowing down.>>>
Sramana Mitra: Talk to me a little bit about the go-to market strategy. It’s all user-generated content. You have a great coverage of high school, college students, and post-academic learning. What is the go-to market strategy? How do people find you? Is it all word-of-mouth?
Matthew Glotzbach: We’ve been fortunate that all of our user growth has been organic. There are two facets of that. One is word-of-mouth and sharing. Users love the product. We have a very beloved brand. They share with their friends and their study groups.>>>